Timken India Ltd.

NSE: TIMKEN | BSE: 522113 | ISIN: INE325A01013 | Industry: Abrasives & Bearings
| Expensive Performer
2534.0000 4.10 (0.16%)
NSE Apr 28, 2025 15:50 PM
Volume: 34,702
 

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Timken India Ltd.
22 Feb 2018
2534.00
0.16%
Karvy
Top line to grow owing to improved volumes: Despite a YoY revenue growth of 13.9%, EPS de-grew by 31.9% along with an EBITDA contraction of 229 bps due to higher material expenses and employee expenses. We see the margin contraction phenomenon as temporary. In view of the synergies from ABC Bearings Ltd's acquisition coupled with growing railways business, we expect the revenueto grow at ~ 12% CAGR during FY17- FY20E with an improved EBITDA margin of 16.3% by FY20E.
Timken India Ltd. has an average target of 4190.00 from 2 brokers.
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